December 15, 2009

Hey Hey Hey, GOOD BYE

One of my goals for 2009 was to cut my student loans in half. I am fortunate in that my only student loans were associated with paralegal school. My entire undergrad education was footed by scholarships and my generous parents.

I started the year with more than $8,000 left to pay from a $10,000 loan. It was all the debt I had, so I really kicked my debt pay off into full drive. Even though my minimum payments were about $100 a month, I was paying around six times that amount for the majority of this year.

So today, I would like to say I have the following amount left to pay off my student loans: ZERO DOLLARS! I'm done. No more student loans. EVAHHHHHHHH!

Thanks to my zealous over payments and my annual bonus it's all gone. About midway through this year I started to realize that I could pay it all off. And if I paid it all off that could free me up to do whatever I wanted in the coming year. So now I can.

And in a nod to what I want to do in the coming year, I purchased a lens today. The lens I've been wanting for so, so long. The best part about my purchase is thanks to my company I paid $250 less than I had budgeted. My annual company Christmas party was last Thursday, and I won an Amazon gift card. (I know, no meat! I'm as shocked as you are.) I'll have my lens by Friday, which is perfect timing because Friday will be a day off for me. I've got one unplanned vacation day left and Friday seems like as good a day as any to use it. And my new camera lens.

So yeah, I will definitely say today goes in the good day column. This year is ending pretty spectacularly. I can't wait to see what 2010 has in store.


kelsalynn said...

Congrats Amy! That's got to feel so have that loan out of your life. One less thing to worry about and you replaced it with one more thing to enjoy instead!

Your Holiday party @ work sounds so much cooler than mine. meat, gift cards, etc... wow!


Megan said...

This is awesome, Amy! I'm so stoked for you. I can't wait to have a post like this next year (though, sadly, my student debt will take 3-4 years to pay off cuz I didn't have a scholarship and went to a private school in Los Angeles). Wo0t!